Global Animal Healthcare Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Global Animal Healthcare Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
(EMAILWIRE.COM, November 17, 2017 ) Animals have become essential part of human life and practice of pastoralism has become routine in many agrarian societies across the globe. Animal healthcare considered as essential part of livestock and companion animal disease management. The fundamental of animal healthcare is to minimize pain, injury, and disease by means of prevention, diagnosis, and treatment. Animal healthcare has become essential part of herd management in order to avoid loss of animal due to diseases. Animals have long been considered as source of food for the human being and its been shifting towards companionship to the humans. As there is a growing interaction between humans and animals prompting the key stakeholders to give attention for animal healthcare.
Animal healthcare market is expected to grow positively over the forecast period owing to increasing incidences of zoonotic disease in several developed and developing countries. According to U.S. Centre for disease control and prevention (CDC) every year tens of thousands of people get sick due to disease spread from animals to humans and it is believed that more than 6 out of every 10 known infectious diseases in people are spread from animals, and 3 out of every 4 new or emerging infectious diseases in people are spread from animals. Moreover, factors like increased adoption of companion animals in emerging countries, rising consumption of meat expected to fuel the market for animal healthcare products over the forecast period. Apart from aforementioned dynamics, factors like increased instances of disease outbreaks in animals, and large scale production of animals in the form of factory farming expected to boost the animal healthvcaremarket. However, lack of animal disease knowledge pattern among veterinarians and increasing regulatory requirements owing to frequent misuse of medicinal feed additives expected to hamper the growth of animal healthcare market over the forecast period.
A sample of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-4H8Z4LpNMLEuOnnx
Animal healthcare market has been segmented on the basis of product type, animal type, distribution channel, and region
Based on product type, animal healthcare market has been segmented into the following:
Drugs
Antibiotics
Antifungal
Ectoparasiticides
Endoparacitides
Endectoparaciticides
Anti-inflammatory Drugs
Drugs for Chronic Diseases
Others
Vaccines
Feed Additives
Nutritional Feed Additives
Medicinal Feed Additives
Based on animal type, animal healthcare market has been segmented into the following:
Farm Animals
Livestock
Poultry
Swine
Equine
Companion Animals
Feline
Canine
Avian
Aquaculture
Based on dosage form, animal healthcare market has been segmented into the following:
Orals
Parenterals
Topicals
Others
Based on Distribution Channel, animal healthcare market has been segmented into the following:
Veterinary Pharmacies
Veterinary Hospitals
Veterinary Clinics
E-Commerce
To view TOC of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-c654SbFYO64MsOhu
Market for animal healthcare products is competitive with several local and multinational players in the market. Multinational animal healthcare products marketers holds significant market share with diverse product offerings. Market is consolidating as large players complementing each others businesses by means of mergers and acquisitions. For instance, in June 2016, Sanofi swapped animal health business (Merial) with Boehringer Ingelheims consumer healthcare (CHC) business, this helped both organizations to better align the future growth objectives. Moreover players in the animal healthcare market coming up product innovation to garner larger market share in the market. In 2014, Merial launched NextGaurd form a soy based chew with an irresistible beef flavour for flea and tick control in dogs.
Need more information about this report @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-14mlyhjMGhVjZqa3
Animal healthcare market has been segmented on the basis of region into North Americas, Europe, Asia Pacific, Latin America and Middle East and Africa. North America dominated the animal healthcare market with largest market share growing at moderate CAGR. There has been increase in awareness among cattlemen in U.S. regarding animal rearing, animal health and proper vaccination and judicious use of antibiotics in animals owing to this the prevalence of communicable diseases decreased over a period of time. For instance, the prevalence of the disease Bovine Spongiform Encephalopathy (BSE) in the United States is less than 1 case per million adult cattle. Asia pacific market expected to grow at significant rate owing large pool of animal population coupled with increased incidences of several communicable diseases. Middle East and Africa region witnessing robust growth in animal healthcare owing to availability of cheap drugs imported from Asia and Europe regions.
Some of the players in the animal healthcare market include Boehringer Ingelheim Gmbh, Zoetis Inc., Elanco, Merck & Co. Inc., Bayer Animal Health, Virbac SA, Ceva Sante Animale, Vetquinol SA to name a few.
Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
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152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @ https://www.precisionbusinessinsights.com
Animal healthcare market is expected to grow positively over the forecast period owing to increasing incidences of zoonotic disease in several developed and developing countries. According to U.S. Centre for disease control and prevention (CDC) every year tens of thousands of people get sick due to disease spread from animals to humans and it is believed that more than 6 out of every 10 known infectious diseases in people are spread from animals, and 3 out of every 4 new or emerging infectious diseases in people are spread from animals. Moreover, factors like increased adoption of companion animals in emerging countries, rising consumption of meat expected to fuel the market for animal healthcare products over the forecast period. Apart from aforementioned dynamics, factors like increased instances of disease outbreaks in animals, and large scale production of animals in the form of factory farming expected to boost the animal healthvcaremarket. However, lack of animal disease knowledge pattern among veterinarians and increasing regulatory requirements owing to frequent misuse of medicinal feed additives expected to hamper the growth of animal healthcare market over the forecast period.
A sample of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-4H8Z4LpNMLEuOnnx
Animal healthcare market has been segmented on the basis of product type, animal type, distribution channel, and region
Based on product type, animal healthcare market has been segmented into the following:
Drugs
Antibiotics
Antifungal
Ectoparasiticides
Endoparacitides
Endectoparaciticides
Anti-inflammatory Drugs
Drugs for Chronic Diseases
Others
Vaccines
Feed Additives
Nutritional Feed Additives
Medicinal Feed Additives
Based on animal type, animal healthcare market has been segmented into the following:
Farm Animals
Livestock
Poultry
Swine
Equine
Companion Animals
Feline
Canine
Avian
Aquaculture
Based on dosage form, animal healthcare market has been segmented into the following:
Orals
Parenterals
Topicals
Others
Based on Distribution Channel, animal healthcare market has been segmented into the following:
Veterinary Pharmacies
Veterinary Hospitals
Veterinary Clinics
E-Commerce
To view TOC of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-c654SbFYO64MsOhu
Market for animal healthcare products is competitive with several local and multinational players in the market. Multinational animal healthcare products marketers holds significant market share with diverse product offerings. Market is consolidating as large players complementing each others businesses by means of mergers and acquisitions. For instance, in June 2016, Sanofi swapped animal health business (Merial) with Boehringer Ingelheims consumer healthcare (CHC) business, this helped both organizations to better align the future growth objectives. Moreover players in the animal healthcare market coming up product innovation to garner larger market share in the market. In 2014, Merial launched NextGaurd form a soy based chew with an irresistible beef flavour for flea and tick control in dogs.
Need more information about this report @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/#ulp-14mlyhjMGhVjZqa3
Animal healthcare market has been segmented on the basis of region into North Americas, Europe, Asia Pacific, Latin America and Middle East and Africa. North America dominated the animal healthcare market with largest market share growing at moderate CAGR. There has been increase in awareness among cattlemen in U.S. regarding animal rearing, animal health and proper vaccination and judicious use of antibiotics in animals owing to this the prevalence of communicable diseases decreased over a period of time. For instance, the prevalence of the disease Bovine Spongiform Encephalopathy (BSE) in the United States is less than 1 case per million adult cattle. Asia pacific market expected to grow at significant rate owing large pool of animal population coupled with increased incidences of several communicable diseases. Middle East and Africa region witnessing robust growth in animal healthcare owing to availability of cheap drugs imported from Asia and Europe regions.
Some of the players in the animal healthcare market include Boehringer Ingelheim Gmbh, Zoetis Inc., Elanco, Merck & Co. Inc., Bayer Animal Health, Virbac SA, Ceva Sante Animale, Vetquinol SA to name a few.
Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/global-animal-healthcare-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @ https://www.precisionbusinessinsights.com
Contact Information:
Precision Business Insights
Sales
Tel: +1-866-598-1553
Email us
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Precision Business Insights
Sales
Tel: +1-866-598-1553
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results